The Nikkei Flash Japan Manufacturing PMI came in at 52.5 in May 2018, compared to 53.8 in April. It was the weakest expansion in manufacturing growth in nine months. Output and new orders rose at a slower pace. Also, employment also expanded at a slower clip, in line with a weaker accumulation of work backlogs due to softer demand pressures. In contrast, export orders gained steam amid the recent dollar strength against the yen. On the price front, input costs rose at the fastest pace since January 2014. Manufacturing PMI in Japan is reported by Markit Economics.

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Japan Manufacturing PMI

The Nikkei Japan Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Japan Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on May of 2018.